WASHINGTON, D.C. – Senator JD Vance (R-OH) and Rep. Ken Buck (R-CO), along with Senator Josh Hawley (R-MO), Rep. Matt Gaetz (R-FL), and Rep. Paul Gosar (R-AZ), sent a letter to U.S. Trade Representative Katherine Tai and Commerce Department Secretary Gina Raimondo expressing their concerns that President Biden’s trade framework will expand big tech monopolies. The letter reads, in part:
“We write to express concern about the administration’s efforts to bind the United States to a specific set of competition policies in the course of negotiations with foreign governments over the possible Indo-Pacific Economic Framework for Prosperity (“IPEF”). Congress, not the President, has the constitutional prerogative to craft domestic policy in the antitrust space … In particular, Congress is in the midst of a longstanding exploration of reforms that would reduce the market power of large technology companies and promote consumer interests in the technology sector.”
The letter can be read here and below:
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